Union Minister G Kishan Reddy dismissed Chief Minister A Revanth Reddy’s allegations of political interference within the Hyderabad Metro refinancing mortgage, stating that the delay stemmed from technical points regarding mortgage reimbursement priorities and required discussions between the Centre and the State
Printed Date – 17 June 2026, 12:27 AM
Hyderabad:Refuting Chief Minister A Revanth Reddy‘s allegations over the delay within the disbursement of the Hyderabad Metro refinancing mortgage, Union Minister G Kishan Reddy stated the delay was as a consequence of technical causes and had nothing to do with politics.
Stating that metro rail firms throughout the nation don’t prioritise mortgage repayments over operations and upkeep (O&M) necessities, Kishan Reddy stated income generated by metro providers ought to first be utilised for O&M bills earlier than servicing debt obligations.
“Nevertheless, the federal government wished mortgage repayments to be prioritised utilizing the income earned by the Metro. I emphasised that O&M necessities should come first to make sure Metro’s sustainability. The Chief Minister, nevertheless, didn’t conform to this,” Kishan Reddy stated at a press convention in New Delhi on Tuesday.
He stated it was unbecoming of a Chief Minister to make such allegations with out substantiating them. “Can Revanth Reddy title the Minister who allegedly informed him that Kishan Reddy wished the funding to be stopped?” he requested.
He famous that the Telangana authorities had entered into an settlement to safe Rs 13,500 crore and that the matter must be resolved by discussions among the many stakeholders involved. The Union Minister additional acknowledged that the Chief Minister had met Union Minister Manohar Lal Khattar a number of occasions concerning the difficulty and that sure modifications had been instructed. The pending points have been technical in nature and required discussions between the Centre and the State authorities, he stated.
“Tasks don’t come to a halt just because Kishan Reddy needs them stopped. Once I spoke with ML Khattar at this time, it turned clear that neither aspect has full readability on the mortgage problem. This matter must be mentioned and resolved,” Kishan Reddy stated.
He maintained that points regarding the Metro Part-I mortgage and the Centre-State partnership for Part-II must be finalised by dialogue quite than public criticism. Revanth Reddy was making an attempt to divert public consideration and canopy up his authorities’s failures, he alleged. “Neither I, nor Prime Minister Narendra Modi, nor the Central authorities require certificates of approval from the Congress celebration or Revanth Reddy. I’m accountable to Telangana individuals,” the Union Minister added.
Kishan Reddy asserted that the Centre was extending full cooperation to Telangana throughout sectors. He cited the current sanction of Rs 11,000 crore in interest-free loans with a 50-year reimbursement interval and facilitation of a Rs 4,100-crore mortgage from the Asian Improvement Financial institution for rejuvenation of Musi river as examples of the Union authorities’s assist.
